Credit Coop

Credit Coop is a financial technology company developing an onchain structured finance protocol that allows businesses to use their future cash flows as programmable collateral. Founded in 2024 by Christopher Walker, the company is headquartered in New York and is a Y Combinator alumnus. The leadership team, including CEO Christopher Walker, CTO Thomas Hepner, and COO Michael Hall, has experience from institutions like JP Morgan, Barclays, and Amazon.

The company's core technology is a Secured Line of Credit powered by a smart contract called the Spigot. This mechanism enables businesses to collateralize future revenues, which are automatically redirected to repay lenders, providing programmatic recourse and real-time monitoring of loan performance. The protocol allows for a flexible combination of traditional assets and future cash flows as collateral to secure credit. This model targets the financing needs of Web3 and other businesses that find traditional financing models restrictive, offering a more capital-efficient path to funding without dilution.

Credit Coop operates as a technology service provider, connecting borrowers with institutional lenders seeking uncorrelated yield backed by verifiable onchain cash flows. The platform facilitates real-time settlement and automated loan servicing, replacing traditional intermediaries with smart contracts. As of late 2025, the platform had handled $150 million in total volume with over $8.5 million in active loans. In August 2025, Credit Coop announced a $4.5 million seed funding round led by Maven 11 and Lightspeed Faction, with participation from investors including Coinbase Ventures, Signature Ventures, and Veris Ventures.

Keywords: onchain credit, structured finance, revenue-based financing, asset-backed lending, decentralized finance (DeFi), smart contracts, programmable collateral, Spigot, capital efficiency, blockchain finance, secured line of credit, Web3 financing, institutional lending, real-time settlement, automated loan servicing, crypto-native lending, future cash flows, Y Combinator, Christopher Walker, tokenized RWA